Yoga-Streaming Company Gaia to Settle SEC Probe

  • 📰 WSJ
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Gaia, a streaming video business focusing on yoga, said the company and its CFO have agreed to pay $2.05 million to resolve an SEC investigation

a streaming video business focusing on yoga and alternative health, said the company and its chief financial officer have agreed to pay a total of $2.05 million to resolve an investigation by the U.S. Securities and Exchange Commission, according to company filings.

Louisville, Colo.-based Gaia said it would pay a civil penalty of $2 million to settle SEC allegations that it misstated the number of paying subscribers for the quarter ended March 31, 2019, when the company extended a free month of service to certain subscribers, according to the filing. Representatives for Gaia and Mr. Tarell didn’t respond to requests for comment. The SEC declined to comment.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

DOJ and SEC Investigating FTX Collapse as Entire Crypto Market PlungesBitcoin has fallen to a two-year low of $17,000, just one year after hitting an all-time high of $69,000.
Source: Gizmodo - 🏆 556. / 51 Read more »